EduBourseActualitésBoursorama Group focuses on its core business in Germany: sale of non...

Boursorama Group focuses on its core business in Germany: sale of non core businesses for €42million

Pierre Perrin-Monlouis Dernière mise à jour: 20 octobre 2021

· Sale of the asset manager Veritas for €15 million

Boursorama sells Veritas for €15 million to Augur Capital, Frankfurt. Veritas, the German asset management subsidiary of Boursorama Group managed €920 million in assets at the end of March 2008. This sale will generate €7 million in capital gains for the Group.

· Sale of non core activities by OnVista AG for €27 million

OnVista AG, of which 82% is held by Boursorama Group, has sold the advertising sales firms Ad2Net and Ligatus as well as the medical portal www.onmeda.de for a total of €27 million. These sales will reduce the acquisition goodwill of OnVista AG by €17 million.

· Launch of the www.onvista-bank.de website

These disposals of non core businesses for a global amount of €42 million represent a key milestone in the reorganization of Boursorama’s activities in Germany. On the business development side, Boursorama has recently announced the launch of the www.onvista-bank.de website that replaces the www.fimatex.de website, through which Boursorama was present in Germany since 1997 in online brokerage.

After this reorganization, the Group can now focus on its core business: the direct sale to retail customers of financial products thanks to a leading financial information website.

ABOUT Boursorama
Founded in 1995, Boursorama is a major player in online savings in Europe and is part of the Société Générale Group, with more than 1.5 million orders executed in Q108, 591,800 direct accounts and total assets under management of €11.9 billion at end-march 2008. The Boursorama Group is present in four countries. In France, it is market leader in online financial information with the www.boursorama.com portal and a key player in online banking under the Boursorama Banque brand. It is one of the top three online brokerage in the United Kingdom and Spain under the respective brands of Self Trade and Self Trade Bank. In Germany, Boursorama holds 82.49% of the shares of OnVista AG, and is present under the brands OnVista Bank and Veritas. Boursorama is listed on Eurolist by Euronext Paris – compartment B – ISIN: FR0000075228 (BRS) – Reuters: FMTX.LN – Bloomberg BRS FP. For all the latest financial news on Boursorama, go to: http:// Groupe.boursorama.fr

Contacts :
Boursorama
Sandra Bos
Directrice de la Communication
Tél. : 01 46 09 49 40
[email protected]

Publicis Consultants
Stéphanie Tabouis
Relations presse
Tél : 01 44 43 66 20
[email protected]

Pierre Perrin-Monlouis
Pierre Perrin-Monlouis
Fondateur de Rente et Patrimoine (cabinet de gestion de patrimoine), Pierre Perrin-Monlouis est un analyste et trader pour compte propre. Il vous fait profiter de son expérience en trading grâce à ses analyses financières et décrypte pour vous les actualités des marchés. Son approche globale des marchés combine à la fois l'analyse technique et l'analyse fondamentale sur l'ensemble des marchés : crypto, forex, actions et matières premières.
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